Laserfiche WebLink
1 8754266.1 <br />WITNESSETH: <br />7,01400400 <br />THIS SECURITY INSTRUMENT (this "Security Instrument ") as described on Schedule A <br />attached hereto and made a part hereof, dated as of the Effective Date set forth on Schedule A <br />attached hereto and made a part hereof (the "Effective Date "), is made by the Borrower set forth <br />on Schedule A attached hereto and made a part hereof (together with its permitted assigns <br />hereunder, "Borrower "), having its principal office as set forth on Schedule A attached hereto <br />and made a part hereof, to WELLS FARGO BANK NORTHWEST, NATIONAL <br />ASSOCIATION, as trustee ( "Lender ") pursuant to the Declaration of Trust dated as of October <br />10, 2013 (the "Declaration "), having its principal place of business at 260 North Charles <br />Lindbergh Drive, MAC: U1240 -026 Salt Lake City, Utah 84116. <br />To secure the payment of an indebtedness in the principal sum of the Loan Amount set forth on <br />Schedule A attached hereto and made a part hereof, in lawful money of the United States of <br />America, to be paid with interest according to the terms of that certain Promissory Note dated as <br />of even date herewith, with a maturity date of January 10, 2036, made by Borrower to Lender <br />(such note together with all extensions, renewals or modifications thereof being hereinafter <br />collectively called the "Note ") and all other Debt (hereinafter defined), Borrower has mortgaged, <br />given, granted, bargained, sold, aliened, enfeoffed, conveyed, confirmed, pledged, assigned, and <br />hypothecated and by these presents does hereby mortgage, give, grant, bargain, sell, alien, <br />enfeoff, convey, confirm, pledge, assign and hypothecate unto Lender the Premises (as defined <br />herein) which is described in Exhibit A attached hereto and the buildings, structures, fixtures <br />(except "trade fixtures" as defined in Part II Section 19 of the Lease (hereinafter defined) not <br />owned by Borrower), additions, enlargements, extensions, modifications, repairs, replacements <br />and improvements now or hereafter located thereon (the "Improvements "); <br />TOGETHER WITH: all right, title, interest and estate of Borrower (exclusive of Excepted <br />Rights and Excepted Payments, as defined and only to the extent set forth in the Assignment of <br />Lease and Rents delivered by Borrower to Lender contemporaneously herewith (the <br />"Assignment "); provided, that, notwithstanding anything in the Assignment to the contrary, the <br />term "Excepted Payments" as used in this Security Instrument or any other Loan Document shall <br />include any Fixed Rent (as defined in the Lease) that is prepaid on the Lease Commencement <br />Date (as defined in the Lease) (to the extent such Fixed Rent is not allocable to interest due on <br />the Note on January 10, 2014)) now owned, or hereafter acquired, in and to the following <br />property, rights, interests and estates (the Premises, the Improvements together with the <br />following property, rights, interests and estates, but excluding the Excepted Rights and Excepted <br />Payments to the extent specifically set forth in the Assignment, being hereinafter described are <br />collectively referred to herein as the "Mortgaged Property ") subject, however, to the Permitted <br />Exceptions (as hereinafter defined) with respect to the marketability of title: <br />(a) all that certain real property described on Exhibit A attached hereto and incorporated <br />herein by this reference (the "Premises "), together with all of the easements, rights, <br />privileges, franchises, tenements, hereditaments and appurtenances now or hereafter <br />thereunto belonging or in any way appertaining and all of the estate, right, title, interest, <br />claim and demand whatsoever of Borrower therein or thereto, either at law or in equity, in <br />possession or in expectancy, now or hereafter acquired; <br />